Manitoba · Receivership (court-appointed)
Inkster Approval and Vesting Order – dated January 26 2021
Approval and vesting order · 26 January 2021
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing6 verified
- closing termsVesting is effective upon delivery of the Receiver's Certificate to the Purchaser confirming payment of the purchase price, satisfaction or waiver of closing conditions, and completion of the Transaction to the Receiver's satisfaction.
- order date19 November 2020
- presiding officerJustice Edmond
- purchaserEighth Avenue Acquisitions Ltd.
- sale outcometext: The Court approved the Transaction for the sale of the Inkster Property to Eighth Avenue Acquisitions Ltd. (or its nominee) and authorized completion of the Sale Agreement; vesting occurs on delivery of the Receiver's Certificate. · scope: parcel · status: approved
- sealed itemsConfidential Appendices to the Ninth Report of the Receiver